Tag Archive: Processes

Jul 13

AI becoming mainstream in retail

Expert systems to aid human and plant maintenance and clever OR (Operations Research) computer models (aka apps) to find optimum solutions to complex business problems have been around for over 50 years now AI (Artificial Intelligence) is just the latest moniker for much the same, albeit more powerful Retail Week recently published an article about …

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Jun 27

Baumol’s disease explains productivity puzzle?

Willaim Baumol recently died aged 95 – ‘Baumol’s disease’ is thought by some to explain the current productivity puzzle afflicting most developed nation’s economies, especially their labour-intensive service industries e.g. healthcare, education, performing arts Quoting from an article by George Will in The Washington Post, Senator Daniel Moynihan explained this disease: “The number of players, …

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Apr 15

IoT to transform many processes

“The IoT can help businesses be more productive and efficient” says Phil Goldstein, web editor for BizTech – but they need a plan to integrate disparate technologies whilst addressing protection needs against malicious actors Steve Darrah, Director of National Solutions at Intel, says that “IoT can be used to improve efficiency and profitability, drive safety …

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